100 million shares will be added to the share register working on 40c per share for the placement to raise $20m
Plus $20 million worth of shares to be paid to Orion for consideration.
Now that is a major dilution to existing shareholders.
all this to acquire a business which will nett $2m.
SKG
skynetglobal limited
100 million shares at 40c
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)